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> There are literally jobs in developing countries where farming in game money is a job that pays their bills Do they pay their bills in World of Warcraft Gold
by notahacker 6y ago
> There are literally jobs in developing countries where farming in game money is a job that pays their bills
Do they pay their bills in World of Warcraft Gold or local currency?
(That actually illustrates the distinction between tokens that might have value to speculators and currency quite nicely)
- NaturalPhallacy 6y agoIt's not speculation though. They literally sell one currency for another. That they have value is a given, or they wouldn't be able to exchange one the other. (notice how it doesn't matter which currency is which in that sentence?) Acceptance defines value. No other factor trumps it.
- xxpor 6y agoThat's exactly my point. They're mining a commodity, not a currency.
- NaturalPhallacy 6y agoIf that's what makes a currency a commodity, then USD is a commodity.